Learn the secrets of real estate inspections when buying in Richardson.
This class is Module 31 of 46 in a series called Real Estate Investing Secrets.
Topics covered in this module include:
- An overview the entire inspection process including choices and paperwork required
- What level of inspection are you doing prior to going under contract?
- Why dates and deadlines are critically important for keeping your earnest money or preventing a lawsuit
- What can you inspect during your inspection period… and what’s off limits?
- Why you need to operate in good faith and what that means
- Can buyers object to anything and everything? The answer may surprise new investors.
- Can buyers use inspections as a “I changed my mind” clause?
- Can buyers use inspections to terminate if they can’t find a buyer for their wholesale deals?
- What constitutes inclusions for a contract? And, can you object to the inclusions?
- What things that are not attached to the property are actually included?
- Is it true you can object to activities, odors, noises or how you might expect the occupants to be affected by such things?
- Can you object to not having fast internet? Or, other utilities?
- How objecting and resolutions work according to the paperwork
- Who are the parties involved in the inspection… including one you probably didn’t expect that can kill your deal
- Tips on negotiating win-win inspections
- Why you should insist on adding these extra dates to your inspections that most folks do not
- What happens if repairs are not done prior to closing
- What special title insurance add-on should you get if you’re objecting on inspection
- How to encourage a seller to accept your preferred inspection resolution suggestion
- Plus much more...
Check out the video and additional resources related to Secrets of Inspections.
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